Resolved — plan approved
4Acquirer shown where the approved plan names one. Figures shown for outcomes in the last two quarters — the full financial record is member data.
| Corporate Debtor | Role / Appointed | Admitted | Realised | Rec vs LV | Duration |
|---|---|---|---|---|---|
|
BAFNA PHARMACEUTICALS LIMITED
L24294TN1995PLC030698
→ acquired by Corporate Debtor (Bafna Pharmaceuticals Limited)
|
IRP · Jul 2018
|
🔒 | 🔒 | 🔒 | 7 mo
to Feb 2019
|
|
Subburaj Spinning Mills Private Limited
U17111TN1993PTC024754
→ acquired by M/s. H. M. Textiles Pvt. Ltd., Coimbatore
|
IRP · Apr 2018
RP · May 2018
|
🔒 | 🔒 | 🔒 | 11 mo
to Mar 2019
|
|
MILAN TEXTILE ENTERPRISE PRIVATE LIMITED
U51311TN2005PTC058472
→ acquired by M/s. CDR & Co Constructions
|
IRP · Mar 2022
RP · Apr 2022
|
🔒 | 🔒 | 🔒 | 1y 9mo
to Jan 2024
|
|
Vaasan Medical Center (India) Private Limited
U85100TN2010PTC075214
→ acquired by IBL Healthcare Limited
|
RP · Feb 2022
|
🔒 | 🔒 | 🔒 | 1y 9mo
to Aug 2023
|
Liquidation — order passed
31 of 3 carried through to dissolution — liquidation completed and the company struck off.
Liquidation mandates3on this professional's record
Taken to dissolution12 still in process
Order to dissolution224 daysaverage over 1 completed case
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
Saraswati Udyog India Limited
U02102TZ1992PLC003585
|
Liquidator · May 2023
|
🔒 | 🔒 | 🔒 | 1y 7mo
to May 2023
|
|
QUANTUM COAL ENERGY PRIVATE LIMITED
U10200TN2010PTC078652
|
IRP · Jul 2019
RP · Aug 2019
Liquidator · Sep 2019
|
🔒 | 🔒 | 🔒 | 2 mo
to Sep 2019
|
|
SUBBURAJ COTSPIN MILLS PRIVATE LIMITED
U17111TN2003PTC050935
|
Liquidator · Feb 2019
|
🔒 | 🔒 | 🔒 | 11 mo
to Feb 2019
|
Duration = CIRP commencement to liquidation order. Figures shown for orders in the last two quarters — the full financial record is member data.
Withdrawn / settled
2Settled between debtor and creditors before an outcome — counted separately.
| Corporate Debtor | Role / Appointed | Time in Process |
|---|---|---|
|
SRI KUMARAN STEELS INDIA PRIVATE LIMITED
U27310TZ2008PTC014333
Other Manufacturing |
IRP · Sep 2019
|
7y |
|
Pinter FANi Asia Private Limited
U29253TZ2012PTC018670
Machinery & Equipment |
IRP · Apr 2019
RP · May 2019
|
7y 5mo |
Voluntary liquidations
3Solvent member-voluntary liquidations under s.59 — a separate mandate type from CIRP, and a different job: no creditors' committee, no resolution plan, a surplus to return.
Median time to dissolution2y 5mo
across 3 completed · every VL on record runs 1y 8mo
| Corporate Debtor | Appointed | Realised | Paid to Creditors | Surplus | Commenced → dissolved |
|---|---|---|---|---|---|
| AMBA STEEL LIMITED U27320TN1996PLC036591
|
Voluntary Liquidator · Apr 2019 |
Rs 0 Cr | — | Rs 0 Cr | 2y 5mo to Sep 2021 |
| ANGALAPARAMESWARI FINANCE PRIVATE LIMITED U65999TN2018PTC121385
|
Voluntary Liquidator · Sep 2019 |
Rs 2 Cr | — | Rs 2 Cr | 1y 10mo to Jul 2021 |
| RAPPORT REAL ESTATE PRIVATE LIMITED U70109TN2006PTC061741
|
Voluntary Liquidator · Dec 2017 |
Rs 0 Cr | Rs 0 Cr | Rs 0 Cr | 5y 6mo to Jun 2023 |
Figures shown where an outcome has been filed. The dated sequence inside a row is read from the tribunal's dissolution order itself, one field at a time, with the page it came from held against it. Regulation 37 (as amended with effect from 31 January 2024) sets 270 days from commencement where the creditors approved the resolution and 90 days where they were not required to — this page does not assign a per-case target, because whether creditors approved is recorded in these orders as prose and has not been classified. The comparison shown is the median of every voluntary liquidation on record: same statistic, same basis.
About this data: Figures come from the IBBI professional register, IBBI published data and public announcement records. Comparisons are medians across stressed.in's full IBBI universe. How every number is sourced, checked and corrected →.
Report an error →
Is this your profile?
This page already exists — buyers already see it. Claiming puts you in control: your photo, your story, your numbers in context, enquiries routed to you.
Claim profile →Activity & context · vs India's IP universe
Activity — mandate countTop 20% of 2,567 ranked
At Cuttack bench — by mandate countTop 5% of 30
Recovery vs liquidation value129.7%
IBBI cumulative across all CIRPs since 2016: 166.6% · same basis, realised ÷ liquidation value
Mandates that beat the liquidation floor3 of 4
Typical time to outcome11 months
national median 16 months · median of 7 concluded mandates
Computed across stressed.in's IBBI universe — 8,500+ CIRPs · 5,400+ registered professionals; updates as records load. Ranks count mandates only and are not a quality score — recovery and duration depend on each company's condition and case mix as much as the professional.
Role mix
Resolution Professional11
Liquidator3
Voluntary Liquidator3
Of these, 6 began as an IRP appointment — the interim role the tribunal fills on admission, before the committee of creditors confirms or replaces it.
Benches — his mandates vs the forum's tempo
Chennai9 mandates
Bench median 13 months to outcome · 20% resolved (504 concluded cases)
Gopalsamy runs a median 11 months to outcome across 7 concluded mandates.
The benches those mandates sit in run at 13 months, weighted by how many of his cases each one holds —
so he is closing 56 days faster than the forums he files in.
Bench medians run across every concluded CIRP on record at that bench, not only this professional's. Duration turns on the company's condition and the tribunal's listing as much as on the professional — context, not a ranking.
Sector exposure
Other Manufacturing2
Textiles & Apparel2
Food & Agro1
Mining1
Machinery & Equipment1
Trading & Distribution1
Healthcare1
Trying to reach Gopalsamy?
This profile is unclaimed, so direct contact isn't listed. Leave your details and we'll route the introduction.